Employment contract and wage payment using blockchain and smart contract
by Eugene Rhee
International Journal of Internet Technology and Secured Transactions (IJITST), Vol. 13, No. 1, 2023

Abstract: Employment contracts recorded on blockchain have the strength to make it impossible to falsify or modify the agreements between employers and employees. The fact is that the work input through the application remains on the blockchain, and the manager shares it, which is expected to significantly improve the disadvantaged position of part-time workers. As a way to recognise and solve recent problems with employment contracts and wage problems, this paper proposes to store employment contracts in blocks using blockchain technology, enable accurate wage payments using smart contracts, and also store wage information in blocks. In addition, it can be proved by using the contents stored in the block when problems occur later.

Online publication date: Fri, 02-Dec-2022

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